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Read ArticlePredicted price range for Fox Corp Cl B
Our trading algorithm values Fox Corp Cl B (FOX) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $29.16 |
| 60 Day Prediction | $29.7 |
| 60 Day Pred - Lower Bound | $27.1 |
| 60 Day Pred - Upper Bound | $32.34 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.002 * nr_days_in_the_future + 29.765
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
FOX traded at $29.16 this Saturday October 15th, gaining since last week.
Looking back, over the last month, FOX has been loosing $-2.54 or -8.71 percent.
Over the last year, it has been loosing $-11.04 or -37.86 percent.
Seasonality of Fox Corp Cl B
Using our AI model, we have been analyzing the value change for Fox Corp Cl B depending on the day or month of a year. This can be seen in the following graph:
